German automaker Volkswagen and its premium brand Audi have reported a significant decline in sales during the third quarter, with both experiencing double-digit percentage drops. Industry analysts attribute the downturn to ongoing supply chain disruptions and a shift in consumer preferences toward electric vehicles, as traditional combustion-engine models face growing market resistance. The company’s struggles come amid broader challenges in the automotive sector, including semiconductor shortages and rising production costs. With demand for internal combustion vehicles weakening, Volkswagen and Audi are accelerating their investments in electric vehicle development to stay competitive.
VW, Audi sales drop by double digits in Q3 Automotive News
